To calculate the Cost Per Conversion (\(CPC\)):
\[ CPC = \frac{C}{CO} \]
Where:
A cost per conversion is a marketing metric that measures the cost to receive one conversion. The conversion is typically something like a sale or registration. This is used synonymously with cost per action.
Let's assume the following values:
Using the formula:
\[ CPC = \frac{5000}{250} = 20 \text{ per conversion} \]
The cost per conversion is $20 per conversion.
Let's assume the following values:
Using the formula:
\[ CPC = \frac{3000}{150} = 20 \text{ per conversion} \]
The cost per conversion is $20 per conversion.